We are getting close to time to replace my wife's car and someone mentioned using her 401K to take a loan to pay. Have you ever used your 401K for a loan? Do you think this is better than using a bank loan or a loan from a dealer?
I did this once before I bought a home, now I just use my equity. I think if you don't have an alternative, it's an option. But, personally I really want to leave my funds for retiremnet for just that.
